Construction of one of the world’s biggest wind farms in Egypt will begin by March 2026, a company involved said, as grueling power cuts during a broiling summer highlight the North African nation’s energy needs. The onshore megaproject that will cost more than $10 billion will begin generating electricity in …
Read More »China Dominated the Global Wind Turbine Market in 2023
China accounted for 65% of new wind capacity last year, which placed four Chinese original equipment manufacturers in the top five spots in the global ranking, a new report by Wood Mackenzie showed on Wednesday, highlighting the Chinese dominance in clean energy technologies. China’s Goldwind installed a record 16.3 gigawatts …
Read More »Wind Overtakes Fossil Fuels as the UK’s Largest Power Generation Source
The UK saw two consecutive quarters of wind power overtaking fossil fuels as the single-largest source of electricity generation for the first time, per data from think tank Ember quoted by Reuters columnist Gavin Maguire. In the first quarter of 2024, wind-generated a total of 25.3 terawatt hours (TWh) of …
Read More »Offshore Wind Development Costs 30% Higher in United States
Offshore wind development costs are 30% higher in the United States than they are in Europe, Germany’s biggest utility said on Thursday at the CERAWeek conference. According to RWE AG CEO Markus Krebber, the wind industry in the United States lacks maturity. “Offshore wind has become very complicated,” Krebber said, …
Read More »Masdar Going Deeper into Renewables with Big UK Wind, Asian Deals
Abu Dhabi Future Energy Company PJSC, better known as Masdar, on Friday unveiled a contract to buy a 49% stake in the 3-GW Dogger Bank South offshore wind farm in the UK, along with other deals for renewable energy initiatives in the Kyrgyz Republic, Kazakhstan and Indonesia. The UAE state-owned …
Read More »Europe Looks to Reduce Risks from Chinese Dependence in Offshore Wind
Europe has intensified efforts this year to protect its clean energy manufacturing industries and reduce dependence on China for its renewable energy rollout. Several proposed EU acts are aimed at boosting Europe’s competitiveness in the global clean energy supply chain and minimize risks to energy infrastructure security. Europe’s wind industry, …
Read More »Equinor and BP’s US Offshore Wind Project Presses ahead
Empire Offshore Wind, a joint venture between Equinor and BP, has secured approval for its offshore wind farm project on the US East Coast. The project is the sixth commercial-scale wind farm to be given a go-ahead under President Joe Biden’s administration. Equinor and BP plan to build two offshore …
Read More »China Launches First All-in-One Floating Fish Farm Powered by Wind and Solar Energy
China’s leading wind developer, Longyuan, and turbine-maker Shanghai Electric have launched what they claim is the world’s first integrated floating wind, solar and fish farming system. The facility is located off Nanri Island in Fujian Province. In 2021, the parties announced they would build the world’s first aquaculture farm integrated …
Read More »America’s Offshore Wind Industry is a Mess
It’s not just Orsted that just realized the Green revolution is really deep red when it comes to shareholder value. Speaking at the FT Energy Transition summit on Wednesday, a clean energy executive at supermajor BP said that the U.S. offshore wind industry is “fundamentally broken” and needs a reset. …
Read More »World’s Biggest Offshore Wind Farm Starts Producing Power
The world’s largest offshore wind farm, the Dogger Bank Wind Farm in UK waters, has achieved first power and started sending electricity to the UK national grid, the developers of the project said on Tuesday, hailing the major milestone at the offshore wind farm whose construction continues. Dogger Bank Wind …
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